Mumbai, Nov. 25 -- The company said the purchase order has been awarded by a domestic entity and will be executed on a kilometre-rate basis with a price variation (PV) formula.

The contract is slated for completion by 23 November 2026.

Diamond Power Infrastructure clarified that none of its promoters, promoter group or group companies have any interest in the awarding entity. The order does not qualify as a related-party transaction.

The mandate adds to the company's project pipeline in the power transmission segment and underscores continued demand in India's large-scale renewable and grid expansion projects.

Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & servi...